Written by ForexBrokers.com
In this head to head comparison of FxPro vs Fineco, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
When comparing the online brokers FxPro and Fineco, both firms stand out as reliable options with strong regulatory standards. FxPro, founded in 2006, holds two Tier-1 licenses and one Tier-2 license, reflecting a high level of trust with a ForexBrokers.com Trust Score of 93. While not publicly traded, FxPro operates as a bank, providing a secure environment for its clients.
In contrast, Fineco, established in 1999, is a publicly traded entity and also operates as a bank. With two Tier-1 licenses, Fineco slightly edges ahead with a ForexBrokers.com Trust Score of 94, indicating a trusted status. Overall, both brokers offer solid regulatory standards, making them dependable choices for traders seeking security and credibility in the online trading space.
| Feature |
FxPro
|
Fineco
|
|---|---|---|
| Year Founded | 2006 | 1999 |
| Publicly Traded (Listed) | No | Yes |
| Bank | Yes | Yes |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 0 |
When it comes to commissions and fees, FxPro's pricing stands above the industry average, making it less competitive compared to brokers like Pepperstone or IC Markets. FxPro offers traders the choice between variable and fixed spreads on its MT4 platform, with two execution models: instant and market. While instant execution avoids slippage but may incur requotes, market execution might experience slippage without requotes. On the cTrader platform, FxPro provides commission-based pricing with competitive spreads, while stop and limit orders require no minimum distance. Despite its Active Trader program offering up to 30% discounts, FxPro's commissions and fees net rating is four stars out of five, positioned at #32 out of 63 brokers by ForexBrokers.com.
Fineco, on the other hand, lacks transparency in its pricing structure, as it does not disclose average spread data for forex and CFD trading. The listed EUR/USD spread is 1 pip, which is higher than what many forex brokers offer, and a 0.8 pip spread is also mentioned without a defined average or time frame. However, Fineco may offer relatively lower spreads on index CFDs. The broker's commissions and fees earn it a rating of 3.5 stars out of five and a ranking of #51 among 63 brokers by ForexBrokers.com.
In summary, while FxPro offers a structured approach to fees and a more transparent pricing model, it does come at a higher cost, albeit with the possibility of discounts for active traders. Fineco, with its less transparent fee structure and relatively higher spreads, may require traders to dig deeper to assess actual costs. Both brokers provide competitive offerings but differ significantly in pricing transparency and overall cost-effectiveness, as reflected in their respective ratings and rankings.
| Feature |
FxPro
|
Fineco
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average Spread EUR/USD - Standard | 1.51 | N/A |
| All-in Cost EUR/USD - Active | 1.27 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Visa/Mastercard (Credit/Debit) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the range of investment options between FxPro and Fineco, both offer compelling features for traders with different needs. FxPro provides forex trading available both as a CFD and spot contract, with a total offering of 2249 tradeable symbols and 70 forex pairs. It also provides copy trading options and cryptocurrency derivatives, although it doesn't deal in actual cryptocurrencies. However, FxPro lacks the offering of exchange-traded securities on U.S. exchanges, focusing strictly on international ones. Fineco, on the other hand, offers a smaller selection of 9770 tradeable symbols and 54 forex pairs, but the broker excels in offering exchange-traded securities on both U.S. and international exchanges.
Fineco does not provide copy trading or cryptocurrency derivatives, thus narrowing its appeal to traders interested in these specific avenues. Despite this limitation, Fineco holds a slight edge in its overall range of offerings, earning a 4.5-star rating in the Range of Investments category compared to FxPro's 4-star rating. When ranked among 63 brokers, Fineco holds the 16th position, outperforming FxPro, which is ranked 28th. This indicates that while both platforms have significant strengths, Fineco may provide a broader spectrum of traditional investment options, making it a favorable choice for those interested in a wider market reach, especially in securities trading.
| Feature |
FxPro
|
Fineco
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2249 | 9770 |
| Forex Pairs (Total) | 70 | 54 |
| U.S. Stock Trading (Non CFD) | No | Yes |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | No |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing the trading platforms and tools of FxPro and Fineco, there are some distinct differences that might influence your decision as a trader. FxPro offers a free virtual demo account, making it an excellent choice for beginners looking to practice without financial risk. In contrast, Fineco does not provide this option. Both brokers have developed their proprietary platforms and offer Windows-based desktop platforms and web-based trading options. However, FxPro provides more versatility with MetaTrader 4 and MetaTrader 5 support, while Fineco does not support these popular platforms. Additionally, FxPro supports copy trading, giving users the opportunity to mimic successful trades, a feature that Fineco lacks.
For traders who focus on technical analysis, FxPro offers a richer toolset with 25 drawing tools compared to Fineco's 7. The ability to trade directly from a stock chart is another advantageous feature available with FxPro but missing in Fineco's offerings. Both brokers received a four-star rating for their trading platforms and tools, indicating a high level of satisfaction among users. However, FxPro slightly edges out Fineco in ranking by ForexBrokers.com, securing the 17th position among 63 brokers, whereas Fineco trails just behind at 18th. These differences highlight FxPro's advantage in certain features that may cater specifically to your trading needs.
| Feature |
FxPro
|
Fineco
|
|---|---|---|
| Virtual Trading (Demo) | Yes | No |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 53 | 37 |
| Charting - Drawing Tools (Total) | 25 | 7 |
| Charting - Trade From Chart | Yes | No |
| Watchlists - Total Fields | 6 | N/A |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FxPro and Fineco both provide mobile trading apps for iPhone and Android users, ensuring traders can manage their accounts on the go. Both apps support stock and forex price alerts, allowing users to stay informed about market movements. However, FxPro users benefit from enhanced functionality with features like watchlist symbol syncing and access to a broader range of charting tools. Specifically, FxPro offers 65 technical studies and the ability to draw trendlines on charts, whereas Fineco's app is limited to 6 technical studies and does not support trendline drawing. Additionally, FxPro's app allows real-time quote watchlist creation and auto-saves chart drawings, which Fineco's app lacks.
When it comes to chart views, both apps allow users to explore multiple time frames, such as daily, weekly, or intraday. Customer reviews favor FxPro, awarding it an impressive 4.5 out of 5 stars compared to Fineco's 4 stars. Furthermore, FxPro ranks #15 out of 63 brokers for mobile trading apps according to ForexBrokers.com, while Fineco comes in at #42. These distinctions highlight FxPro's comprehensive mobile app features, making it a more attractive choice for traders seeking advanced mobile trading capabilities.
| Feature |
FxPro
|
Fineco
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 65 | 6 |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | No |
Dive deeper: Best Forex Trading Apps.
When comparing the market research capabilities of FxPro and Fineco, investors will find distinct differences and a few notable similarities. FxPro offers daily market commentary, providing traders with regular insights into market movements, while Fineco lacks this feature. Both platforms deliver forex news from reputable sources such as Bloomberg and Reuters, ensuring that users stay informed with premium news updates. However, FxPro has the edge with additional tools, such as Trading Central's technical analytics, as well as a sentiment-based trading tool that provides insights into the trading positions of other market participants. Fineco does not offer these resources, which can be valuable for traders seeking to deepen their market analysis.
Both brokers include an economic calendar showcasing important global news events, helping traders potentially anticipate market shifts. As for market research ratings, both FxPro and Fineco boast a 4-star rating, with FxPro ranked slightly higher at #26 compared to Fineco's #33 in a research category ranking of 63 brokers by ForexBrokers.com. This comparison highlights FxPro's strengths in delivering a wider array of tools and insights, whereas Fineco provides a solid foundation with its access to top-tier forex news. Traders prioritizing comprehensive research tools might favor FxPro for their trading needs.
| Feature |
FxPro
|
Fineco
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, both FxPro and Fineco offer valuable tools, yet they differ in their approaches. FxPro provides extensive educational content, including over ten articles, videos, and archived webinars focused on forex and CFDs. Furthermore, FxPro features a comprehensive archive of recorded client webinars and a rich collection of beginner educational videos. They also supply users with an investor dictionary that defines over 50 investing terms. However, FxPro falls short in offering regular live webinars, which it does not provide monthly.
Contrastingly, Fineco shines with its commitment to live monthly educational webinars, giving beginners the chance to engage interactively. While they match FxPro in supplying beginner-focused videos and an investor dictionary with a wealth of definitions, they fall behind with fewer than ten educational pieces centered on forex and CFDs. Additionally, Fineco lacks a searchable archive of webinars for users to revisit past sessions. Both brokers earn a solid 4-star rating for educational resources, yet FxPro's broader range of beginner materials and archived content earn it a higher ranking of #18 compared to Fineco's #49, based on ForexBrokers.com's evaluation.
| Feature |
FxPro
|
Fineco
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | No | Yes |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FxPro is better than Fineco. FxPro finished with an overall rank of #21, while Fineco finished with an overall rank of #25.
FxPro competes among the top MetaTrader brokers, featuring multiple account options and various execution methods. It provides its own proprietary FxPro Edge app – though it isn’t yet available for mobile – alongside access to the BnkPro app (which isn’t yet available in all regions).
| Feature |
FxPro
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Fineco
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| Trust Score | 93 | 94 |
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FxPro allows for the purchase of cryptocurrency derivatives, whereas Fineco does not offer the option to buy either actual cryptocurrencies or cryptocurrency derivatives.
Both FxPro and Fineco support ACH and SEPA transfers as well as bank wires for depositing and withdrawing funds; however, FxPro also offers additional flexibility with PayPal, Skrill, and Visa or Mastercard options, whereas Fineco does not support these payment methods.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | FxPro | Fineco | |
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| Trust Score | 93 | 94 | |
| Winner | check_circle | ||
| Review | FxPro Review | Fineco Review |
| Broker Screenshots | FxPro | Fineco | |
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| Regulation | FxPro | Fineco | |
|---|---|---|---|
| Trust Score | 93 | 94 | |
| Year Founded | 2006 | 1999 | |
| Publicly Traded (Listed) | No | Yes | |
| Bank | Yes | Yes | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 0 |
| Tier-1 Licenses (Highly Trusted) | FxPro | Fineco | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | FxPro | Fineco | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | FxPro | Fineco | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2249 | 9770 | |
| Forex Pairs (Total) | 70 | 54 | |
| U.S. Stock Trading (Non CFD) | No | Yes | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | No | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | FxPro | Fineco | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.51 | N/A | |
| All-in Cost EUR/USD - Active | 1.27 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | No |
| Funding | FxPro | Fineco | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Visa/Mastercard (Credit/Debit) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | FxPro | Fineco | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | FxPro | Fineco | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | No | |
| Alerts - Basic Fields | Yes | No | |
| Watchlists - Total Fields | 6 | N/A | |
| Charting - Indicators / Studies (Total) | 53 | 37 | |
| Charting - Drawing Tools (Total) | 25 | 7 | |
| Charting - Trade From Chart | Yes | No | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FxPro | Fineco | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | No | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 65 | 6 | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | FxPro | Fineco | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | FxPro | Fineco | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | No | Yes | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | FxPro | Fineco | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | FxPro Review | Fineco Review |
| Overall | FxPro | Fineco | |
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| Trust Score | 93 | 94 | |
| Winner | check_circle | ||
| Review | FxPro Review | Fineco Review |
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